ProRiskPanel is a risk management tool designed for manual trading across Forex, Indices, Metals, Crypto, and Stocks markets. It functions as a panel attached to any trading chart, where traders input their desired risk amount in dollars and specify a stop loss price. The panel then automatically calculates the appropriate lot size based on the entered risk, ensuring precise position sizing.

Key features include a "Hard Max Risk" parameter that sets an absolute maximum loss per trade to prevent excessive risk due to input errors. The panel blocks trades if the calculated risk exceeds this limit or if the stop loss is invalid, thereby protecting the trading account. Additional parameters allow for slippage tolerance and default stop loss pips settings.

ProRiskPanel is intended for use with prop trading accounts such as FTMO and MyForexFunds, as well as personal risk management. It does not execute trades automatically but assists traders in real-time by managing risk calculations and trade validation during manual order placement. Backtesting is not applicable since it is not an automated strategy but a risk calculation aid for live manual trading.